251 Sugartree Dr, Lipan, TX 76462
3,873 SF Sports & Entertainment Building Offered at $6,000,000 in Lipan, TX 76462
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $6,000,000
- Property Type
-
Sports & Entertainment
- Square Feet
- 3,873 SF
- Price / Square Foot
- $1,549
Listing Contacts
Foy McMasters
Verified Profile
- Property Info
Property Overview
Established in 1988 as a Championship Golf Course site on approximately 150 acres with optional 70 additional acres prime for development award winning golf course located in North Texas on the bank of scenic Brazos River. This prime location golf course currently has 107 members. Excellent upside potential for both additional memberships and /or 70+ acres of undeveloped golf community lots available for prime development. Currently, dozens of homes are under construction in the community. Lots are selling for $100,000 each. Houses on the course are in the $400,000 to $1,200,000 range. Excellent public school system in Brock, TX with both high ranking Academic and Athletic programs. New eight-bedroom short term rental property is under construction for vacationing or commuter golfers, business events, and family getaways.
The price of golf packages range from $2,200,000 to $6,200,000. Championship Par 3 golf course on site for stay and play golfers. There is a long term contract with Brazos River Authority for irrigation water for the golf course. Course has been upgraded over the past 24 month for both playability and visibility to picturesque tree lined fairways with beautiful mature trees. Golf course located approximately 10 miles due southwest of Weatherford, TX and 30 miles due West of Fort Worth, TX.
THIS LISTING IS NEW AND IS PRESENTED AS A NEGOTIABLE TRANSACTION WITH TERMS AND CONDITIONAL FINANCING OPTIONS IN PLACE FOR BUYER/INVESTMENT REVIEW.
NEITHER THE SELLER NOR SELLERS AGENT WILL BE PAYING BUYERS AGENT ANY COMMISSION. BUYERS AGENT IS RESPONSIBLE FOR SECURING THEIR TERMS WITH THEIR BUYER.
The price of golf packages range from $2,200,000 to $6,200,000. Championship Par 3 golf course on site for stay and play golfers. There is a long term contract with Brazos River Authority for irrigation water for the golf course. Course has been upgraded over the past 24 month for both playability and visibility to picturesque tree lined fairways with beautiful mature trees. Golf course located approximately 10 miles due southwest of Weatherford, TX and 30 miles due West of Fort Worth, TX.
THIS LISTING IS NEW AND IS PRESENTED AS A NEGOTIABLE TRANSACTION WITH TERMS AND CONDITIONAL FINANCING OPTIONS IN PLACE FOR BUYER/INVESTMENT REVIEW.
NEITHER THE SELLER NOR SELLERS AGENT WILL BE PAYING BUYERS AGENT ANY COMMISSION. BUYERS AGENT IS RESPONSIBLE FOR SECURING THEIR TERMS WITH THEIR BUYER.
Property Details
- Class
- C
- Year Built
- 1996
- Stories
- 2
- Property Subtype
- Golf / Driving Range
- Lot Size (sq. ft)
- 3,983,998 SF
Highlights
- This beautiful property is located in North Texas on the bank of scenic Brazos River.
- Additional 70 acres available for golfing development!
- New development houses and rentals under construction
- Long term contract with Brazos River Authority for irrigation water for golf course.
- Located approximately 10 miles due southwest of Weatherford, TX and 30 miles due West of Fort Worth, TX.
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